Speaking at Libby Elementary in the Back of the Yards neighborhood, Daley introduced "One Good Deed Chicago," a two-year campaign encouraging residents to volunteer their time and help non-profits organize and expand.

Daley said one of the main goals will be encouraging people to work with at-risk children.

"By focusing our initiatives on the city's young people and those who need our help the most, we're helping to secure a stronger Chicago for future generations," he said.

The program will also provide increased access to programs dealing with job readiness and financial empowerment for Chicagoans hardest hit by the recession.